As the Marketplace Fairness Act (S. 1832) gets more traction and gains responses to this bipartisan version of the Main Street Fairness Act (S. 1452 / H.R. 2701), here are some of the groups who have voiced their opinions: Continue reading
The Main Street Fairness Act begins it trip through the Senate this week. Now that the Main Street Fairness Act S. 1452 has been officially introduced in the Senate, groups are officially stating their “for” or “against” status. The bill formally requests Congress to consent to the Streamlined Sales and Use Tax Agreement*.
In addition, Section 4 “Authorization To Require Collection of Sales and Use Taxes” states “Each Member State under the Streamlined Sales and Use Tax Agreement is authorized, subject to the requirements of this section, to require all sellers not qualifying for the small seller exception to collect and remit sales and use taxes with respect to remote sales sourced to that Member State under the Agreement.” Continue reading
Illinois and South Dakota senators are heading up the Main Street Fairness Act in Congress while Tennessee governor Bill Haslam is geared up to lead the national movement. According to Haslam, not requiring Internet retailers to collect and remit sales tax isn’t “…going to begin eroding the state’s tax base; it already is.” In addition to Senators Durbin (D-IL) and Johnson (D-SD), Senator Jack Reed (D-RI), Representatives John Conyers (D-MI), Peter Welch (D-VT) and Heath Schuler (D-NC) support the bill, which has also been endorsed by Sears Roebuck & Co. Continue reading
Litigation is back in vogue. The Retail Industry Leaders Association (RILA) is rumored to be willing to sue the state of Tennessee should the state decide to approve giving Amazon a free ride from collecting sales tax for a few years. The rest period from collection is, of course, in exchange for two distribution centers and a number of promised jobs. Continue reading